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this post was submitted on 09 Oct 2023
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Is Deutsche Bahn in private hands? It sounds like the same mistake that Thatcher made in the UK
Also why isnt competiton bringing the prices down?
No, it's not privatised, although currently organised as a joint-stock company (AG) with the state being the sole shareholder. But it was supposed to be privatised and made "profitable" starting in the 90s.
They didn't control it very well though. DB AG did spend a lot of money on non-rail related expenses like the DB Schenker road freight division and also on investments in other countries. Apart from that they also have some sort of weird division between maintenance and rebuilding costs, the former DB AG needs to pay and the latter are often paid for by separate funds which gives a strong incentive not to perform maintenance.